'We welcome GridSense to the Silver Spring Partner Program - their solution is easy to install to help utilities modernize their aging distribution infrastructure,' said Don Reeves, Executive Vice President of Engineering and Managed Services, Silver Spring Networks. 'With Silver Spring's networking platform providing continuous connectivity and data, the new solution will give utilities the ability to do continuous monitoring at the edge of the grid and send this intelligence back to the hands of the operators for immediate action, resulting in increased reliability for customers.'

'GridSense provides real-time continuous intelligence for distribution transformers to prevent overload, identify imbalances and accurately determine end of line voltage,' said Brett Sargent, President and COO of GridSense. 'We are excited to partner with Silver Spring Networks, a global smart grid leader, to bring utilities enhanced reliability and efficiency to the grid.'

With more than 65 partners, the Silver Spring Partner Program is delivering comprehensive smart grid solutions, to help connect over 18.5 million IPv6-enabled devices across five continents.

This press release contains forward-looking statements about Silver Spring Networks' and Acorn Energy/GridSense's expectations, plans, intentions, and strategies, including, but not limited to statements regarding Silver Spring Networks' offerings with GridSense, the performance and capabilities of the integrated offering, and benefits utilities may realize from the integrated offering. Statements including words such as "anticipate", "believe", "estimate", "expect" or 'future' and statements in the future tense are forward-looking statements. These forward-looking statements involve risks and uncertainties, as well as assumptions, which, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include those described in Silver Spring Networks' or Acorn Energy's documents filed with or furnished to the Securities and Exchange Commission, as applicable. All forward-looking statements in this press release are based on information available to Silver Spring Networks and Acorn Energy as of the date hereof. Neither Silver Spring Networks nor Acorn Energy assumes any obligation to update these forward-looking statements.